9-5-13 4:05 PM EDT | Email Article

Company to Provide Cooperative Threat Reduction Logistics Support

MCLEAN, Va., Sept. 5, 2013 /PRNewswire/ -- Science Applications International Corporation (SAIC) (NYSE: SAI) announced today it was awarded a prime contract by the Defense Threat Reduction Agency (DTRA) to provide integrated logistics services, including procurement, shipping, warehousing, international travel support, and program support for worldwide Cooperative Threat Reduction (CTR) operations. The single-award, indefinite-delivery/indefinite-quantity contract has a three-year base period of performance, two one-year options and a total potential value of approximately $100 million, if all options are exercised. Work will be performed globally.

DTRA is the U.S. Department of Defense's (DoD) official Combat Support Agency for countering weapons of mass destruction (WMD). DTRA employees are subject matter experts on WMD, addressing the entire spectrum of chemical, biological, radiological, nuclear, and high-yield explosive threats. Under the contract, SAIC will provide cooperative threat reduction logistics support, including management of material procurement, shipping and warehousing; personnel logistics services; and logistics information system requirements.

"SAIC's long-standing support to DTRA, its expertise in logistics, and DoD program support will enable us to assist DTRA worldwide in its CTR mission," said Mark Escobar, SAIC DoD Agencies and Commands Group senior vice president. "With our experienced and talented staff, we will continue to support this critical international mission."

AboutSAIC

SAIC is a FORTUNE 500® scientific, engineering and technology applications company that uses its deep domain knowledge to solve problems of vital importance to the Nation and the world, in national security, energy and the environment, critical infrastructure, and health. The Company's approximately 38,000 employees serve customers in the U.S. Department of Defense, the intelligence community, the U.S. Department of Homeland Security, other U.S. Government civil agencies and selected commercial markets. Headquartered in McLean, Va., SAIC had annual revenues of approximately $11.2 billion for its fiscal year ended January 31, 2013. For more information, visit www.SAIC.com. SAIC: From Science to Solutions®

Statements in this announcement, other than historical data and information, constitute forward‐looking statements that involve risks and uncertainties. A number of factors could cause our actual results, performance, achievements, or industry results to be very different from the results, performance, or achievements expressed or implied by such forward‐looking statements. Some of these factors include, but are not limited to, the risk factors set forth in SAIC's Annual Report on Form 10‐K for the period ended January 31, 2013, and other such filings that SAIC makes with the SEC from time to time. Due to such uncertainties and risks, readers are cautioned not to place undue reliance on such forward‐looking statements, which speak only as of the date hereof.

SOURCE SAIC

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